Business

HCM City authorities have approved a nearly VND96trn (USD4.1bn) plan to develop the local logistics sector by 2030.

The Cat Linh-Ha Dong Line, known as Line 2A in Hanoi’s urban railway system, will undergo a full-scale trial run starting from December 12 in order to test its safety for final approval.

In the past 30 years since the establishment of the Vietnam Cashew Association (Vinacas), cashew exports have reached more than 31 billion USD, according to insiders.

Phu Yen People’s Committee has assigned the province’s economic zones management authority to adjust the master plan on construction of South Phu Yen Economic Zone by 2040.

Farmers in Phu Tho Province are struggling to protect their fish farms during the start of the dry season as the Da River water level has dropped to its lowest in the last four years.

After winning top prize for best rice in the world in 2019, ST25 fragrant rice was ranked second at the 2020 World's Best Rice Contest.

The Vietnam Embassy in Canada and the Canada-Vietnam Trade Council co-hosted a webinar on December 3 to discuss trade ties under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), with future relations in the post-novel coronavirus (COVID-19) period

The Ministry of Planning and Investment and the US Agency for International Development launched a programme to support enterprises’ digital transformation in the 2021-2025 period.

The Ministry of Labour, Invalids and Social Affairs have just fined a labour export company for cheating hundreds of workers.

Fishermen in Danang City and other provinces have returned with bountiful catches after the recent storms ravaged the central region.

Vietnamese firms remain more optimistic regarding positive growth and international trade in comparison to their global peers despite the challenges caused by the COVID-19, according to the latest HSBC report.

Vietnam exported 1.85 million tonnes of oil and petrol during the inital 10 months of the year at a value of US$787.53 million, with the average price being US$462.7 per tonne, marking an annual fall of 33.9% in volume

China has tightened control over imported frozen products, including Vietnamese catfish, in an effort to minimise Covid-19 infection risks.

The Ministry of Foreign Affairs in co-ordination with the Ministry of Agriculture and Rural Development held a forum to highlight the potential of the global Halal food market and the opportunities for Vietnamese enterprises to gain entry into the

Vietnamese investors poured a total of 490.4 million USD in projects abroad in the first 11 months of 2020, up 6.9 percent year-on-year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

The economy of Hanoi is projected to expand by just 3.94% in 2020 due to the impacts of Covid-19, but the figure is still higher than other provinces and cities, according to the municipal government.

The Consumer Price Index edged down 0.01 percent month-on-month in November on the back of weakening global fuel prices and declining electricity and water prices in the country, according to the General Statistics Office.

The number of international travelers to the nation this year is anticipated to fall by over 80%, while the figure for domestic tourists will witness a 45% fall, resulting in estimated losses of US$23 billion.

Many people with money and without investing knowledge have chosen property as a safe haven, helping estate prices still increase despite the pandemic, experts have said.